The City of Toronto is asking residents if they think the City should pursue a tax on vacant homes in Toronto. A vacant homes tax is one of a number of initiatives the City is considering to address housing availability and affordability in Toronto. Vacant homes represent a potential source of readily available housing and a tax may encourage owners to rent out vacant units.
The City will also be conducting a public opinion poll to ask residents their thoughts on the potential tax. Staff are expected to report on findings from the consultations later this year.
Residents can share their views on a potential vacant homes tax by completing an online survey at http://www.toronto.ca/VHT